Remove Operations Remove Portfolio Remove Revenue Remove Sales Cycle
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Top Hat Raises $22.5M Series C in a Tough Vertical: What Can We Learn from their Success

Version One Ventures

Our portfolio company Top Hat just closed a $22.5M (USD) Series C round. And selling to institutions requires a long sales cycle. They focused on revenue early on. Top Hat had an early and continuous focus on revenue; they have been operating profitably since their launch in 2009.

Vertical 132
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Money Doesn’t Talk. Why Most Startups Aren’t Announcing Their Seed Financings

Hunter Walker

Not because they’re all operating in stealth or pre-product – in fact some already are earning $1m+ in revenue per annum. And my sense is the trend carries outside of our portfolio these days. Word of mouth spreads faster and sales cycles are shorter.

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Flyability: safe drones for inaccessible places

Where to Play

It can fly or roll on any surface, and will actually be able to operate in a wide range of temperatures and pressures. Plants that convert heat energy into electric power, include huge boilers and super-heaters operating under extreme temperatures. The overall challenge was therefore estimated as ‘low-mid’.

Agile 54
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The #1 thing successful founders think about for their next startups

Hippoland

Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. A typical ad-based revenue stream on a media website is around $5 per 1000 eyeballs ($5m CPM and give or take $1-$20ish CPMs). Sales cycles matter though. don’t think about at all. This is obvious.

Founder 48
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The #1 thing successful founders think about for their next startups

Hippoland

Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. A typical ad-based revenue stream on a media website is around $5 per 1000 eyeballs ($5m CPM and give or take $1-$20ish CPMs). Sales cycles matter though. don’t think about at all. This is obvious.

Founder 48
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Designing startup metrics to drive successful behavior | For Entrepreneurs

www.forentrepreneurs.com

The company has just missed its quarterly revenue forecast. Lets take an example, and look at how they might do this: They will be able to tell you that revenue is composed of deals. To compute revenue, you multiply average deal size by number of deals. Bookings is the pre-cursor to Revenue. Obvious, isn’t it?

Metrics 55
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How I invest as a pre-seed investor?

Hippoland

At a high level, business is simple! :) You bring revenue in and your costs send money out the door. You want your revenue to be higher than your costs. All of the people we pitched who became our investors had at least one other portfolio company that was doing something in email. But the execution is hard.